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. >> gregg: will be the president be working on these issues during his christmas holiday in hawaii or is it golf and r&r and spending time with the kids? >> mostly r&r but on friday the president acknowledged there might not be time for any grand bargain. he scaled back for expectations for the rest of the year. one democrat said a larger deal is not impossible. >> we what we ought to do is take speaker's last offer, president's last offer and split the difference. that would be a package of about $2.6 trillion. you couple that with the $1.1 trillion that has already been done, that would be close to the $4 trillion we needed to stabilize the debt and begin to bring it down. >> reporter: to do that the president is demanding wealthy pay higher taxes. >> gregg: steve, thanks. >> heather: gregg, president obama is taking a break from the stress of fiscal cliff negotiations spending the holiday in hawaii. there is also a somber moment on his schedule. president and first lady attending a memorial service for daniel i inouye. >> he is leaving the fiscal cliff worries back home. we are tol
. >> gregg: will be the president be working on these issues during his christmas holiday in hawaii or is it golf and r&r and spending time with the kids? >> mostly r&r but on friday the president acknowledged there might not be time for any grand bargain. he scaled back for expectations for the rest of the year. one democrat said a larger deal is not impossible. >> we what we ought to do is take speaker's last offer, president's last offer and split the difference....
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we will have live report from hawaii and the latest on the fiscal cliff talks in just a few minutes as well. it's official, bp oil company will have to pay up to $7.8 billion, that is the class action settlement amount they agreed to pay to 100,000 businesses and individual has h by the biggest oil spill in history. the settlement was finalized yesterday, a lot of them are opting out and pursuing lawsuits of their own. >>> more affects of a brand new government's growing pans. this man announced that political life does not agree with him and he will go back to being a judge. it's the same day that the people are voting for a change to the new islamist backed constitution. protests broke out last month when the president gave himself near absolute power. >>> a eczema reason is freed today and heading home. he was locked up on weapons charges. he was threatened and chained to a bed and never saw a judge. the u.s. diplomats got involved and convinced mexican authorities to release him. [ bells tolling ] three little girls, had just celebrated her seventh bitter day, a photo of the happy
we will have live report from hawaii and the latest on the fiscal cliff talks in just a few minutes as well. it's official, bp oil company will have to pay up to $7.8 billion, that is the class action settlement amount they agreed to pay to 100,000 businesses and individual has h by the biggest oil spill in history. the settlement was finalized yesterday, a lot of them are opting out and pursuing lawsuits of their own. >>> more affects of a brand new government's growing pans. this man...
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. >>> the president is spending christmas holiday with his family in hawaii. cnn's brianna keeler is there. brianna there is no official word when he is coming back to the mainland, as that fiscal cliff deadline gets closer what do you think will happen out there as the week rolls on? >> reporter: well, miquel, it's hard to believe that president obama would not at some point come back to washington it is not officially on his calendar at this point but he has obviously come out here for christmas break while congress is away from washington as well and it is, of course, a little bit of a working vacation for him, as the white house tries to work something out with senate democrats, some sort of package to avoid these tax hikes for middle class americans here tend of the year. that's something, of course that will require some buy-in from senate republicans to pass. and it seems that unlikely that senate minority leader mitch mcconnell would want to negotiating? that he doesn't feel will be able to also pass the house, which would require the support of some h
. >>> the president is spending christmas holiday with his family in hawaii. cnn's brianna keeler is there. brianna there is no official word when he is coming back to the mainland, as that fiscal cliff deadline gets closer what do you think will happen out there as the week rolls on? >> reporter: well, miquel, it's hard to believe that president obama would not at some point come back to washington it is not officially on his calendar at this point but he has obviously come out...
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at that the president had already left for hawaii and had arrived. he says, avoiding the middle-class tax hike is not a democratic responsibility or republican responsibility. with their votes. this is our president speaking, with ebro's the american people have determined that governing is a shared responsibility, are you ready, between both parties, the same guy who has been fighting tooth and nail. he does not even talk like the same guy. >> he has to go a little bit further and reducing entitlements long term if there is going to be any reason to believe that we are making substantial, credible progress and studying the deficit. lou: i'm going to quickly pose thone question. there is some smart money suggesting that we are going to see this thing get pushed beyond january 1st. >> oh, sure. lou: of retroactive, don't worry about it. just dust yourself ff. you know, drop five gotten, 15, 20, whenever. do you think that it -- is it possible that we would see a market pulled year rather than sell-off given that they say they're going to fix it at som
at that the president had already left for hawaii and had arrived. he says, avoiding the middle-class tax hike is not a democratic responsibility or republican responsibility. with their votes. this is our president speaking, with ebro's the american people have determined that governing is a shared responsibility, are you ready, between both parties, the same guy who has been fighting tooth and nail. he does not even talk like the same guy. >> he has to go a little bit further and...
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love the people of the hawaii had for him extended across the continent into these calls. people not only listened to, respected, in light danny, almost all of us who got to know him loved danny. how many of your colleagues can you say that about? i loved this man. i loved this woman. for all that danny had come through, from the sting of prejudice to his physical injuries to the deprivations he suffered and the losses he had, he would have been forgiven if he had an edge to him, if there was a tinge of bitterness or cynicism in his heart. he would have been forgiven for that, but the amazing thing to made was that there was none. there was none. i did not know him his whole life, but i never saw him even implied, "why me? why me?" -- even imply "why me?" if you forgive, as we used to say in the senate, a point of personal privilege, -- he came to campaign for me when i was a kid running for senate. he came to delaware and spoke on the eve of the election. i will never forget my mom saying, "johhny, unlike that man -- joey, i like that man." i said, and "why?" and she said
love the people of the hawaii had for him extended across the continent into these calls. people not only listened to, respected, in light danny, almost all of us who got to know him loved danny. how many of your colleagues can you say that about? i loved this man. i loved this woman. for all that danny had come through, from the sting of prejudice to his physical injuries to the deprivations he suffered and the losses he had, he would have been forgiven if he had an edge to him, if there was a...
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ed henry joins us now from hawaii. ed? >> aloha, doug. as you heard steve said the president is taking a little vacation and leaving the fiscal cliff behind, but probably not for long. we expect shortly after the christmas holiday with his family here the president is expected to head back to washington to work with congress to try in the final days. about that. he got in a golf game yesterday to dinner with the first lady. a little downtime. but then as you noted today he will be honoring the long service, the long life of the senator from hawaii. a half century in the senate, but a medal of honor winner on the battlefield in world war ii where he lost an arm. they are going to be at the national memorial cemetery of the pacific at punch bowl where the senator will be laid to rest. the president on friday at the washington national cathedral said he was inspired as a young boy when he saw the senator at the watergate hearings. take a listen. >> i learned how our democracy was supposed to work. our government of and by and for the people.
ed henry joins us now from hawaii. ed? >> aloha, doug. as you heard steve said the president is taking a little vacation and leaving the fiscal cliff behind, but probably not for long. we expect shortly after the christmas holiday with his family here the president is expected to head back to washington to work with congress to try in the final days. about that. he got in a golf game yesterday to dinner with the first lady. a little downtime. but then as you noted today he will be...
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the president's out in hawaii. i'm sure the staffs are working on it, but, boy, i have to say, like a lot of people, up till thursday, i thought there was, you know, lot of posturing, lot of jockeying, they were going to get a deal done because the alternative was so terrible. after republicans defeated their own speaker, speaker boehner's plan that would only have raised taxes on people making a million dollars or more, less than 1% of all taxpayers and they thought that was too extreme, i'm not sure we'll get a deal. you could see that in the markets on friday, which went down 100 points. >> another big issue that has everyone talking is what happened in newtown, connecticut, because that has sparked this gun control debate. no matter what side you're on, you'll be talking about that as well. >> we are, indeed. first of all, on the fiscal cliff, we've got two top senate leaders. we'll ask them about that. we'll also talk to them about gun control. and of course the big on that, since the terrible tragedy in newto
the president's out in hawaii. i'm sure the staffs are working on it, but, boy, i have to say, like a lot of people, up till thursday, i thought there was, you know, lot of posturing, lot of jockeying, they were going to get a deal done because the alternative was so terrible. after republicans defeated their own speaker, speaker boehner's plan that would only have raised taxes on people making a million dollars or more, less than 1% of all taxpayers and they thought that was too extreme, i'm...
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he spoke at the white house friday before leaving for hawaii where he is now. but at the same time the president acknowledging there might not be time for any kind of a grand bargain. he scaled back his goals and pushing not for the big deal, but for middle class tax cut and extended benefits. a larger deal wouldn't be that hard to reach. >> what we ought to do is take speaker boehner's last offer, the president's last offer and split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion that will be done. that would be close to the $4 trillion needed to stabilize the debt and to begin to bring it down. >> and if no action is taken by the end of the year taxes go up for everybody. back to you, eric. >> we have to see. the clock is ticking. >> tick, tick, tick. more on the fiscal cliff negotiations. i am joined by congressman peter king from new york who is involved. congressman, great to have you here. >> great to be here. >> happy holidays. >> happy birthday. >> have i to ask you, what are you doing home when we
he spoke at the white house friday before leaving for hawaii where he is now. but at the same time the president acknowledging there might not be time for any kind of a grand bargain. he scaled back his goals and pushing not for the big deal, but for middle class tax cut and extended benefits. a larger deal wouldn't be that hard to reach. >> what we ought to do is take speaker boehner's last offer, the president's last offer and split the difference. that would be a package of about $2.6...
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. >>> hawaii has never known a more represented son than daniel inouye. he won a medal for heroism in world war ii wipe out a machine gun nest that pinned him and his men, even though he had been shot and lost his right arm. he served even though many japanese-americans were kept in internment camps. the first family attended today's funeral and so did his long-time friend, senator harry reid. >> to everything, there is a season, a time to every purpose under heaven, a time to be born and a time to die. you see, this was danienian inouye's time. he led a full and productive life. he was 88 years old and he lived each of those 88 years to its fullest. >> inouye's accomplishments are legendary. at his death, he was the senate's longest serving member, second only to robert byrd of west virginia. >>> back here in the u.s., the president is spending the christmas holiday with his family in hawaii. cnn's brianna keilar is there. there is no official word when he is coming back to the mainland but as that fiscal cliff deadline gets closer what do you think will
. >>> hawaii has never known a more represented son than daniel inouye. he won a medal for heroism in world war ii wipe out a machine gun nest that pinned him and his men, even though he had been shot and lost his right arm. he served even though many japanese-americans were kept in internment camps. the first family attended today's funeral and so did his long-time friend, senator harry reid. >> to everything, there is a season, a time to every purpose under heaven, a time to be...
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president obama and family are in his native hawaii. he is planning to return to washington after christmas. >>> a weekend of violence. explosions and death in syria. at least five people killed in damascus today when a powerful car bomb blew up in this residential neighborhood. it tore through apartment buildings and filled the streets with debris. more than 140 people reportedly died in attacks across syria, most in damascus and its suburbs. >>> india, riot police blasted protesters with high-pressure water hoses trying to break up massive angry rallys against the government. people are furious after a woman reportedly gang raped and beaten on a moving city bus last weekend. protesters demanding changes to india's laws regarding rape saying women are not safe in new delhi and other cities in india. >>> a former marine spent more than four months at a mexican prison is free and heading home to florida. john hammer locked up in august on weapons charges. his family says he was physically abused in custody. threatened. chained to a bed,
president obama and family are in his native hawaii. he is planning to return to washington after christmas. >>> a weekend of violence. explosions and death in syria. at least five people killed in damascus today when a powerful car bomb blew up in this residential neighborhood. it tore through apartment buildings and filled the streets with debris. more than 140 people reportedly died in attacks across syria, most in damascus and its suburbs. >>> india, riot police blasted...
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president obama and family are in his native hawaii. he is planning to return to washington after christmas. >>> a weekend of violence. explosions and death in syria. at least five people killed in damascus today when a powerful car bomb blew up in this residential neighborhood. it tore through apartment buildings and filled the streets with debris. more than 140 people reportedly died in peattacks across syria, most in damascus and its suburbs. >>> india, riot police blasted protesters with high-pressure water hoses trying to break up massive angry riots against the government. people are furious after a woman reportedly gang raped and beaten on a moving city bus last weekend. protesters demanding changes to india's laws regarding rape saying women are not safe in new delhi and other cities in india. >>> a former marine spent more than four months at a mexican prison is free and helding home to florida. john hammer locked up in august on weapons charges. his family says he was physically abused in custody. threatened. chained to a bed,
president obama and family are in his native hawaii. he is planning to return to washington after christmas. >>> a weekend of violence. explosions and death in syria. at least five people killed in damascus today when a powerful car bomb blew up in this residential neighborhood. it tore through apartment buildings and filled the streets with debris. more than 140 people reportedly died in peattacks across syria, most in damascus and its suburbs. >>> india, riot police blasted...
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. >>> now, to other news, president obama is in hawaii for the holidays and today he'll help celebrate the life of the late senator daniel inouye. he is scheduled to attend the funeral for the pacific in honolulu. the senator passed away last weekend at the age of 88. the president spoke at the memorial service in washington on friday. >>> in new orleans, a federal judge has given final approval to bp settlement with gulf coast businesses and residents. bp will pay at least $7.8 billion in compensation to settle claims from the deep water horizon disaster in 2010. there is no cap on the settlement except for those claims from those in the sea food industry, so, the final bill could still be much higher. thousands of people made claims from texas to florida. >>> moving overseas to a deadly cold snap in the ukraine. hundreds more have been treated for hypothermia and frost bite. the government has set up thousands of heating centers to help people deal with the extreme cold. the temperatures there have dropped down to just one degree fahrenheit, far below the average for this time of the
. >>> now, to other news, president obama is in hawaii for the holidays and today he'll help celebrate the life of the late senator daniel inouye. he is scheduled to attend the funeral for the pacific in honolulu. the senator passed away last weekend at the age of 88. the president spoke at the memorial service in washington on friday. >>> in new orleans, a federal judge has given final approval to bp settlement with gulf coast businesses and residents. bp will pay at least...
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both men left washington for the holidays and president obama and family, they are in his native hawaii for a short christmas break. he returns to washington after the holiday. in egypt, the president is stepping down. this man announced today that political life does not agree with him and he'll go back to being a judge. it's the same day the egyptian people are voting for a second straight weekend on proposed changes to the country's newest islamist-backed constitution. the new president gave himself near absolute power. those are your headlines this hour. i'm don lemon, keeping your informed. cnn, the most trusted name in news. >>> it was one of the most important diplomatic missions in history. also one of the most clandestine and risky. four decades ago, henry kissinger, then president nixon's national security adviser secretly flew to china, beginning a string of meeting ises that would eventually open that isolated eastern nation to the western world. that opening checked soviet expansionism and in a sense was the beginning of the end of the cold war. >> that was the week that ch
both men left washington for the holidays and president obama and family, they are in his native hawaii for a short christmas break. he returns to washington after the holiday. in egypt, the president is stepping down. this man announced today that political life does not agree with him and he'll go back to being a judge. it's the same day the egyptian people are voting for a second straight weekend on proposed changes to the country's newest islamist-backed constitution. the new president gave...
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. >> chris: before heading to hawaii for christmas the president laid out a new stripped down plan to avert the fiscal cliff. here is what it is. extend the bush tax cuts for people making less than $250,000. extend unemployment benefits for the 2 million people who will run out next month and delay the sequester of $110 billion in spending cuts next year. for all of the talk of $4 trillion in debt reduction this plan would only save $800 billion over ten years. senator conrad is that the best that washington can do over the next nine days and can you pass even that? >> look, chris, it may come to that but we can do better. and we should do better. this is an opportunity to do something that would be hugely important for the country. i mean my own belief is what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference. that would be a package of about $2.6 trillion. you couple that with the $1.1 trillion that has already been done and that would be close to the $4 trillion we are needed to stablize the debt and to begin to bring it down and
. >> chris: before heading to hawaii for christmas the president laid out a new stripped down plan to avert the fiscal cliff. here is what it is. extend the bush tax cuts for people making less than $250,000. extend unemployment benefits for the 2 million people who will run out next month and delay the sequester of $110 billion in spending cuts next year. for all of the talk of $4 trillion in debt reduction this plan would only save $800 billion over ten years. senator conrad is that the...
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. ♪ host: good morning , president obama is in hawaii this weekend for the christmas holiday with his family. he will join a congressional delegation later today led by harry reid in services in holland -- in honolulu for late senator daniel inouye passed away last week that congress will return monday to continue fiscal negotiations. we will look at the options ahead for the president as the january deadline looms but we want to begin with your comments on another debate front and center in washington following the tragic shooting in newtown, conn. -- that is gun-control. "the washington post" said a bitter fight ahead. the numbers are on your screen. we look at some of the headlines on the sunday morning beginning with "the connecticut post." - you can see the flag remaining at half staff outside one of the churches in newtown, conn. following the burial of 20 children and six women killed about a week and a half ago. this is from the front page of today's "new york daily news." finally, from the front page is this report about what is ahead in terms of the gun control fight. we hea
. ♪ host: good morning , president obama is in hawaii this weekend for the christmas holiday with his family. he will join a congressional delegation later today led by harry reid in services in holland -- in honolulu for late senator daniel inouye passed away last week that congress will return monday to continue fiscal negotiations. we will look at the options ahead for the president as the january deadline looms but we want to begin with your comments on another debate front and center in...
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he's out in hawaii but will try to hammer out a deal before new year's. what are those negotiations going to be like? do you think he's going to put more on the table in hopes of reaching some sort of compromise? >> he's already put a lot on the table. i mean, he's already signed into law a trillion dollars in cuts as part of the budget control act. five days ago when i they lot of people thought there would be a deal he reduced the amount of revenue he was looking for, he took extending the payroll tax holiday off the table. he went a little bit further in the republican direction on spending cuts. so the president is bending. he is compromising. you're seeing on the other side, though, an unwillingness to take yes for an answer. and i think that, you know, hopefully, you know, these members go home for five, six, seven days and maybe they start hearing from their constituents, business leaders may start chiming in and pushing republicans to make an agreement such as fix the debt. you know, maybe you have editorials that come into play. so that's what yo
he's out in hawaii but will try to hammer out a deal before new year's. what are those negotiations going to be like? do you think he's going to put more on the table in hopes of reaching some sort of compromise? >> he's already put a lot on the table. i mean, he's already signed into law a trillion dollars in cuts as part of the budget control act. five days ago when i they lot of people thought there would be a deal he reduced the amount of revenue he was looking for, he took extending...
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but the president, as he left for his vacation in hawaii on friday evening, talked about a very pared down, stripped down plan. simply extend the bush tax cuts for people making $250,000 or less, extend unemployment benefits for 2 million people that they're going to run out for, and basically postpone all of the sequester, which would be 110 billion dollars in spending cuts in 2013. now, i'm just not sure i see how republicans are going to go along with that given the fact that you just had the plan b rejected which was going to set the marker not at 250,000, but a million and the speaker couldn't get the votes for that, so, why would republicans now go for the $250,000 that we've been rejecting all along. >> clayton: another animal house reference, it's like the young members of congress trying to get their pledge pin, you know, who are going along trying to vote for this. and they're not-- i mean, let's be honest, this is the reason they didn't get the votes, the 40 or 50 members who didn't want to go along with the speaker on this. you're right, chris. i mean, let's dive into that
but the president, as he left for his vacation in hawaii on friday evening, talked about a very pared down, stripped down plan. simply extend the bush tax cuts for people making $250,000 or less, extend unemployment benefits for 2 million people that they're going to run out for, and basically postpone all of the sequester, which would be 110 billion dollars in spending cuts in 2013. now, i'm just not sure i see how republicans are going to go along with that given the fact that you just had...